buying and selling in volatile times, quite interesting advice from realtor

[Carlos Ptriawan]

so i read very carefully a realtor comment in BP that's saying 'selling good rehab house' now even in high interest rate, you could still get very high bid. I just prove that two weeks ago, my home is sold higher than Jun 2022 comps, but this house has full rehabs, A+ school district. The home is sold 120K above high Zillow estimate value. LOL. The recipe for that I think is full rehabs, good realtors (I use Exp), and full-blown staging. The stager made the house like a contemporary art of museum.

Face forward to this week, I am under contract to purchase a 2K sqft house w/ 10K sqft that has (free) ADU. This home is listed for $1.2Mil in June 2022 but I could get it for low 800k !! they don't receive the bids because I think their realtors are not doing good job, they dont wanna do any repair and with section 1 everywhere, they dont wanna do any staging ; also when I checked section 1, it's actually not a termite issue, it's only fungi on the deck that can be easily repaired. I think the problem with this house is both seller and the realtor is not able to market this property properly and/or willing to fix simple things.

Amazing, I oversell a house, and underbid a house within two weeks. I did the same in 2021 when I flipped one home, just change windows, repaint and home value went up 120k in 4 months LOL...there's always opportunity in any market

[Carlos Ptriawan]

I think the biggest lesson from all my experience is : choose your realtor carefully, dumba$ realtor is going to sell your home for cheapo :)